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China's imports from North Korea sink below $100 mln as coal ban bites
May 23, 2017 / 3:11 AM / 4 months ago

China's imports from North Korea sink below $100 mln as coal ban bites

BEIJING, May 23 (Reuters) - China’s imports of North Korean goods fell below $100 million to fresh multi-year lows in April, accelerating a months-long decline after China halted coal shipments from its isolated neighbour, data showed on Tuesday.

The world’s second-largest economy brought in $99.3 million worth of goods from North Korea, the lowest since at least June 2014. That compares with $114.6 million in March and $167.7 million a year earlier.

The value of imports has fallen month-on-month since December, data from the General Administration of Customs showed.

China’s exports to North Korea eased to $288.2 million in April, down 12 percent from March. Year-to-date, exports were up 32 percent at $1 billion. (Reporting by Josephine Mason; Editing by Richard Pullin)

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